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PE-backed Openforce taps Neighbors as CTO

Phoenix, Arizona-based Openforce, which provides a platform for onboarding, settlement and risk management solutions for the transportation and on-demand economy, has appointed Derek Neighbors as chief technology officer. Previously, he worked at Tanga Network where he was also a chief technology officer. Openforce is a portfolio company of Riverside Partners.

2 min read · 05 March 2018

AEI hires ex-GE Power Services CEO as operating partner

AE Industrial Partners LP has named Paul McElhinney as an operating partner. McElhinney is a former president and CEO of GE Power Services and ex-senior vice president of GE.

2 min read · 05 March 2018

Spur Capital expands team with two new hires

Oklahoma-based Spur Capital Partners, a venture capital funds-of-funds manager, has named Matt Horten and Kevin Moore as partners. Previously, Horten worked at WSS Holdings where he was the chief investment officer while Moore is the former director of angel investments and venture adviser at i2E.

2 min read · 02 March 2018

ORIX Mezzanine & Private Equity hires Berty as MD

ORIX Mezzanine & Private Equity, a business unit of ORIX USA, has named Zoltan Berty as a managing director. Previously, Berty was managing director at Gladstone Capital Corp.

2 min read · 02 March 2018

PSP Capital adds two to investment team

Chicago-based PSP Capital, a private investment firm, has named Greg Byrnes as managing director and Tom Wyler as senior vice president for global strategy and business development. Previously, Byrnes was a partner at Moorad Sports Partners while Wyler was a counselor to the secretary and senior adviser for international economics at the U.S. Department of Commerce.

2 min read · 02 March 2018

Mainstream Fund Services appoints Maher as private equity CEO

Sydney, Australia-based Mainstream Fund Services, a fund administrator, has named Jay Maher as CEO of private equity. Maher will be based in the U.S.

2 min read · 02 March 2018

Armory Group taps Sadek as MD

Armory Group, a mid-market financial adviser, has named Steven Sadek as managing director in the firm's investment banking division. Previously, Sadek worked at Wells Fargo Securities where he was a director in the investment banking group.

2 min read · 02 March 2018

KKR adds Niel to board

KKR has named Xavier Niel to its board of directors. Currently, Niel is the chief strategy officer of Iliad SA and the deputy chairman of its board of directors.

2 min read · 02 March 2018

Momentum builds for LPs to address sexual harassment in PE

8 min read · 02 March 2018

HarbourVest announces promotions

Boston-based private equity firm HarbourVest has made a number of promotions. They include six managing directors, six principals and four senior vice presidents.

2 min read · 01 March 2018

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